Saturday, April 19, 2008

Houston-Area Warehouses Filling Up With Conficated Items From Foreclosed Homes

In Harris County, Texas, KHOU-TV Channel 11 reports:
  • Foreclosures in Harris County are up 16 percent this year, and warehouses are filling up with people’s confiscated belongings. [...] In dozens of cases a month, deputy constables have to evict people who’ve refused to give up their homes. Their belongings are boxed-up, loaded-up and hauled off. But where do they end up? Just east of downtown, a warehouse is filling up with their washers, mattresses, sofas and fans, even their kids little bicycles and teddy bears. [...] As for the belongings in the warehouse: The owners have 30 days to claim them by paying the moving and storage expenses. If they don’t, the items are sold at auction.

For the story, see Foreclosures leave warehouses of goods in their wake.